Carter Andrea M 4

What Happened

• Andrea M. Carter, EVP and Chief Human Resources Officer of Allstate Corporation, received equity awards on February 19, 2026: 8,042 derivative option units and 1,962 restricted stock units (RSUs). Both grants were recorded at $0.00 (no cash paid). Total awards equal 10,004 share-equivalents.
• These are compensation awards (not open-market purchases or sales). The options and RSUs vest/convert in three equal annual increments (see Key Details).

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filing appears timely under Section 16 rules).
• Option grant: 8,042 derivative units recorded at $0.00. Footnote F1 — options exercisable in three increments with one-third vesting on Feb 19 of 2027, 2028 and 2029; fractional shares rounded per award agreement.
• RSU grant: 1,962 RSUs recorded at $0.00. Footnote F2 — each RSU converts to one share on conversion dates in three equal increments on Feb 19, 2027, 2028 and 2029; fractional RSUs rounded per award agreement.
• Shares owned after transaction: not specified in the provided filing extract.
• Transaction type: A = Award/Grant (compensation); not a sale or open-market buy.

Context

• These awards are routine executive compensation and indicate future potential ownership as awards vest; they do not reflect an immediate cash purchase or sale.
• For the option award, vesting happens over three years before exercisability; for RSUs, conversion to actual shares also occurs in three annual installments. fractional rounding is applied as noted in award agreement.